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Business

KCCI

KCCI, FGBMI set to host Business Conversation on Visionary Leadership

Kazeem Ugbodaga

1 year ago

According to Joe Femi-Dagunro, Founder and President of KCCI, the Business Conversation is designed to unveil real-life stories and actionable…
U.S.

Tariff Tornado: Trump redraws Global Trade in 80 days

Kazeem Ugbodaga

1 year ago

Barely two weeks later, on February 1, the president announced a 25% tariff on exports from Canada and Mexico to…
China

Trade war explodes: China hits U.S. with shocking 84% Tariff

Kazeem Ugbodaga

1 year ago

In response, China has filed a fresh complaint with the World Trade Organization (WTO), accusing the U.S. of “bullying tactics”…
CBN

CBN shocks critics with $6.83bn Surplus: Nigeria’s economy roars back

Kazeem Ugbodaga

1 year ago

“International Money Transfer Operator inflows surged by 43.5 per cent to 4.73 billion dollars, up from 3.30 billion dollars in…
Naira

No turning back! FG vows to enforce Naira-for-Crude sales

Kazeem Ugbodaga

1 year ago

The session brought together key government and industry stakeholders to assess the progress made so far and resolve emerging implementation…
WTO

US-China trade war risks 80% drop in global trade – WTO warns

Kazeem Ugbodaga

1 year ago

“The escalating trade tensions between the United States and China pose a significant risk of a sharp contraction in bilateral…
Nigerian Customs Service (NCS) intercepts controlled drugs valued at over N18 million at the Mfum Border in Cross River State.

Customs intercepts controlled drugs in Cross River

Ayorinde Oluokun

1 year ago

The confiscated items included 37 units of Phenobarbital Sodium Sterop 100mg, 216 units of Pethidine 100mg Solution Injection, and 108…
Air Peace Limited announce plan to commence direct international flight services from Abuja to London Heathrow and London Gatwick airports.

Air Peace introduces new boarding procedure

Ayorinde Oluokun

1 year ago

In the statement signed by the airline’s Head of Corporate Communications, Dr Ejike Ndiulo, Air Peace said the new boarding…
Dozie

Founder of defunct Diamond Bank Pascal Dozie dies at 85

Paul Dada

1 year ago

The business tycoon was born on April 9, 1939 in Egbu, Owerri, Imo State. He earned a Bachelor’s degree in…
Cardoso

$23bn net foreign exchange reserves ‘ll stablise exchange rate- Uwaleke

Ayorinde Oluokun

1 year ago

The CBN recently revealed that the NFER stood at 23.11 billion dollars at the end of 2024, their highest level…
Naira

Naira takes a hit, official rate falls 0.93% against US Dollar

Kazeem Ugbodaga

1 year ago

Despite a period of relative stability since December 2024, fueled by CBN reforms aimed at increasing transparency in the forex…
Stock Market

Stock Market shudders: Market loses N8 billion amid investors panic

Kazeem Ugbodaga

1 year ago

The decline was largely attributed to portfolio adjustments as investors sought dividends, leading to a wave of selling activity. Despite…
Nigeria’s first-ever domestic US dollar bond wins West Africa Deal of the Year award at the 2025 Global Banking & Markets Africa Awards

Nigeria’s domestic dollar bond issue wins West Africa Deal of the Year Award

Ayorinde Oluokun

1 year ago

Announced by the Debt Management Office (DMO) on August 19, 2024, the bond initially targeted $500 million but was oversubscribed…
WTO

U.S. tariffs could lead to decline in global trade – WTO

Ayorinde Oluokun

1 year ago

Okonjo-Iweala who said this in a statement she issued on Thursday in reaction to recent tariffs imposed on goods from…
FCMB

FCMB records N111.9bn profit before tax in 2024

Ayorinde Oluokun

1 year ago

The FCMB Group’s gross revenue stood at N794.4 billion for the period ending December 2023, marking a 53.9 per cent…
Lagos

Lagos set to lead Energy Revolution at Inaugural Summit

Kazeem Ugbodaga

1 year ago

Ogunleye noted that Lagos has made significant strides since the pioneering efforts of former Governor Bola Ahmed Tinubu in 1999,…
DealMakers AFRICA

DealMakers AFRICA honours West Africa’s top mergers, acquisitions, dealmakers

Kazeem Ugbodaga

1 year ago

Spanning 12 countries across three regions, the deal involved Adenia committing up to €30 million over five years to expand…
Nigerian Breweries, NB Plc, reports group revenue of ₦1.04 trillion for 9 months ended Sept. 2025, a 48% growth from the same period in 2024.

Nigerian Breweries delivers N1.1 trillion revenue in 2024 – Chairperson

Ayorinde Oluokun

1 year ago

Anammah who revealed this in the company’s 2024 annual report and account, on Thursday in Lagos added that in the…
Tinubu

Nigeria’s opposition parties commend Tinubu over sack of NNPCL Board

Isa Isawade

1 year ago

"This significant step by President Tinubu has reignited hopes for a more transparent and efficient oil industry in Nigeria," CNPP…
Provide answer to corruption allegations: NTI tackles NNPCL boss Ojulari

NNPC Ltd. welcomes new GCEO, board

Isa Isawade

1 year ago

The new 11-man board has Mr Bayo Ojulari as the GCEO and Ahmadu Kida as non-executive chairman.
Cardoso

CBN: Nigeria’s net reserve increased to $23bn in 2024

Ayorinde Oluokun

1 year ago

While revealing this in a statement on Tuesday, the CBN said the $23.11 billion NER was the highest level in…
CNPP, CSOs urge President Tinubu to arrest Mele Kyari

Tinubu sacks NNPC board, Kyari, Akinyelure, appoints Kida, Ojulari

PM NEWS Editor

1 year ago

The new 11-man board has Engineer Bashir Bayo Ojulari as the Group CEO and Ahmadu Musa Kida as non-executive chairman.
SEC says promoters of ponzi scheme will be liable to a penalty of N20m or 10 years jail term or both under the new ISA 2025.

Ponzi operators risk 10-year jail term, N20m fine – SEC

Ayorinde Oluokun

1 year ago

Thr Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, said it is one of the provisions of…
NSIA

NSIA reports record-breaking ₦1.89 trillion in total comprehensive income for 2024

Kazeem Ugbodaga

1 year ago

The Core-TCI, which excludes foreign exchange and derivative valuation gains, also saw a staggering 148% increase, reaching ₦407.9 billion.
Nigerian government urges IOCs take advantage of the country’s investment-friendly fiscal policies and opportunities to invest more

Nigerian govt woos IOCs for increased investment in oil, gas sectors

Ayorinde Oluokun

1 year ago

Sen. Heineken Lokpobiri, Nigeriia's Minister of State for Petroleum Resources (Oil), made the call at the Cross Industry Group (CIG)…
Cadbury Nigeria records N22.2 billion loss for the 2024 financial year, a one per cent decrease from its 2023 loss of N22.4 billion.

Cadbury Nigeria records N22bn loss for 2024

Ayorinde Oluokun

1 year ago

Cadbury Nigeria made this known in a corporate disclosure through the Nigerian Exchange Ltd. on Tuesday. The company’s revenue grew…
Naira

Six Nigerian banks report N3trn profit amid complaints, challenging environment

Paul Dada

1 year ago

Unegbu regretted that some customers were reluctant about challenging their banks in the event of some ‘illegal’ charges.
Nigeria is carving out a distinctive niche in the global gambling market through an innovative taxation approach

Nigeria’s Innovative Approach to Gambling Taxation: A Catalyst for Revenue Growth

Ayorinde Oluokun

1 year ago

The digital evolution of Nigeria's betting industry has prompted authorities to develop innovative approaches to regulation. The integration of the…
NEITI

NEITI plans review of $6.03bn divestments by IOCs

Paul Dada

1 year ago

He said NEITI would strengthen collaborations with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian National Petroleum Company…
US H-1B Visa lottery

US releases H-1B Visa lottery results: How to check it

Michael Adesina

1 year ago

The United States Citizenship and Immigration Services (USCIS) has started releasing the results of the H-1B visa lottery for the…
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